| ADPT latest price $51.9350 (-2.34%) ($51.4400 - $53.5050) on Wed. Oct. 14, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.25% (three month average) |
RSI | 77 |
Latest Price | $51.9350(-2.34%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ADPT advances 0.6% a day on average for past five trading days. |
Weekly Trend | ADPT advances 4.6% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support ADPT advance at 0% a week (0% probability) ARKG(82%) ARKK(78%) IPO(73%) IBB(70%) XBI(70%) |
Factors Impacting ADPT price | ADPT will decline at least -1.625% in a week (0% probabilities). VIXM(-41%) VXX(-36%) UUP(-23%) TBT(-6%) USO(-5%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -1.625% (StdDev 3.25%) |
Hourly BBV | -1.9 () |
Intraday Trend | 0% |
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